g? and How it apply to the company?

Q: How do you think that information, such as CSR-related information, could be used to manage an…

A: When a business is contributing a defined percentage of its profits on charitable activities or…

Q: How is audit strategy mapped out?

A: Audit strategy typically means setting scope, time and direction of an audit. Forming an audit…

Q: How can we measure the ROI of knowledge Management initiatives in organizations?

A: The question is based on the concept of quantification of impact of expenses made in knowledge…

Q: What purpose do audits and GAAPs serve in today’s business world?

A: GAAP are the generally accepted accounting principles which are followed by the companies in the…

Q: SWhat is the relationship between the internal control system and risk management with corporate…

A: Internal control means compliance of all rules, regulations, policies with the achivement of goals…

Q: how to communicate information and monitor control processes in organizations.

A: Information is required for the entity to carry out internal control obligations in order to…

Q: taining in

A: Managerial Responsibilities entail being in charge of the overall management of a work unit (or…

Q: How does the enterprise risk management influence the internal control detective identified?

A: Introduction: Control is a managerial function that aids in measuring actual performance by…

Q: What term is used to describe broadly to the manner in which an organization is governed or managed…

A: Corporate governance refers to the set of rules, procedures, systems, processes designed for the…

Q: how does general control area of systems development and program change impact day-to-day…

A: Accounting Information system:  The Accounting Information System is a system that a business uses…

Q: Looking at the COSO framework for Enterprise Risk Management, you will notice that this is present…

A: The answer for the multiple choice question and relevant explanation are presented hereunder : What…

Q: Which of the following element is part of the controlling function? O a. Coordinating the functions…

A:

Q: risk management ideas, common reaction strategies, and IT system recovery issues

A: Some of the important risk management ideas are listed below: Keep an eye on changes in your…

Q: The basic components of an organization's internal control are:                 Select one: a.…

A: Internal control is a system of organizing the company in which a set of rules, policies, and…

Q: What is the role of a corporate computer services department? How does this differ from other…

A: Corporate computer services department refers to that department which furnishes the technical…

Q: discuss the difference between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: What is strategic management.

A: For organisation to achieve its goal by making proper decisions , anticipating changes and directing…

Q: project plan is a company's information security blueprint, but how does this occur?

A: step 1  A security blueprint can be defined as a comprehensive plan for managing an organization's…

Q: Relationship between Corporate Governance and Risk Management

A: Risk-taking motivates companies to step forward to produce substantial gains. Profitability leaves…

Q: The systems development life cycle is a methodology. Why are auditors responsible for evaluating the…

A: Auditor: The person who is considered responsible for assessing the credibility of the financial…

Q: What is the purpose of an audit strategy memorandum? What information should it contain?

A: Audit Strategy Memorandum: After the calculation of all financial statement risks, identification…

Q: An internal control system consists of all policies and procedures used to protect assets, ensure…

A: Controls are the rules, procedures, and activities which are implemented within an organization for…

Q: An internal control system is made up of all rules and processes that are used to safeguard assets,…

A: Here is the Answer

Q: what is Strategic Systems Auditing and how it apply to the company?

A: Strategic System Auditing While adopting the strategic system auditing procedures which helps to the…

Q: Why do we need internal, external and government auditor in a company?

A: An auditor is a person who is authorized to review and verify the correctness of financial documents…

Q: What is the organizational culture at SSS?

A: It is the responsibility of the state to establish and promote viable and correct tax system…

Q: What are management's and auditors' relative internal control responsibilities

A: Introduction:Management establishes internal controls. To preserve the integrity of the financial…

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: internal and external audit

A: Internal audit is a process done by auditors appointed by management to act as a check on the day to…

Q: What types of circumstances would encourage management to establish a complex organizational…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: 1. Explain the Diagram provided below base on your understanding of the concepts of Auditing.…

A: Auditing means to check the actual facts and figure on the financial statements as per the standards…

Q: When it comes to the smooth running of a company, what role does an auditor play? Using relevant…

A: For smooth running of the organisation the auditor must ensure that the company is complying with…

Q: If accountants are viewed as providers of information, then why are they consulted as system users…

A: System development process includes designing, developing, testing, and maintaining of systems. In…

Q: What does stewardship mean and what is its role in an information system?

A: Definition: Accounting information system: The system which helps to gather, store, and process the…

Q: Why risk management process is essential

A: Risk management:- Risk management is the method of planning, organizing, directing, and dominant the…

Q: What is the purpose of a systems analysis, and what type of information should be included in the…

A: Definition:   System analysis: System analysis is a course of action to gather the information…

Q: What is the most important reason for an organization to use enterprise riskmanagement?

A: Accounting information systems (AIS) collect and process transaction data before distributing…

Q: Why Accountants should be involved in the detailed design and implementation of the system…

A: System Development Life Cycle:   The system development life cycle is a set of series or systematic…

Q: According to COSO, which component of enterprise risk management (ERM) addresses an entity’s…

A: Solution: COSO defines corporate governance as the oversight and management of ERM, while culture…

Q: How does accounting participate in the system development life cycle （ SDLC）?

A: System Development Life Cycle: The system development life cycle is a set of series or systematic…

Q: What is Management Responsible for in regards to Internal Control?

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Discuss the differences between internal and external users of information and their needs and…

A:

Q: Describe how the audit team assesses control risk in an IT environment.

A: Control risk in the audit :           As the name suggests, it is the risk associated with the…